It is a situation whereby U.S. markets have rallied to record highs, the S&P that is, just a couple of days ago, then of course investors will get a little bit nervous at high levels. I think they'd really like to see the earnings come out just to back up the theory that the U.S. markets are on the mend and is in a much better place now. --Stan Shamu, market strategist at IG in Melbourne, Australia, said the negative sentiment in Asia is a follow-through from the pullback in the U.S. markets.
quoted on ABC News, "Asian Stocks Drop Following Wall Street Retreat", January 16, 2014